Plan Snapshot
- Plan Sponsor: Keesler Federal Credit Union
- Sponsor EIN: 640302297
- Sponsor Address: PO BOX 7001, BILOXI, MS, 395347001
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,088
- Total Assets: $47.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 1,088 | $47.0M | $0 | $0 |
| 2024 | 787 | $38.4M | $2.0M | $2.9M |
| 2023 | 792 | $31.9M | $1.9M | $2.8M |
| 2022 | 796 | $24.3M | $1.8M | $2.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CMFG LIFE INSURANCE COMPANY | Other Service Provider | $98,267 | — | $98,267 |
| MEMBERS CAPITAL ADVISORS, INC. | Other Service Provider | $39,451 | — | $39,451 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $137,718
- Estimated Expense Ratio: 0.293% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $3,133,016 | $39,451 | $86,432 | — | — |
| 2024 | $121,515 | $33,755 | $77,634 | — | — |
| 2023 | $94,371 | $25,915 | $60,681 | — | — |
| 2022 | $79,745 | $21,765 | $57,980 | — | — |